The Corporate Transparency Act (CTA) became effective on January 1, 2024, and will undoubtedly cause difficulties for many startup companies. The upshot is almost all new companies formed will have to file beneficial ownership reports with FinCEN (the Financial Crimes Enforcement Network, which is a bureau of the US Treasury Department). There are exemptions, suchContinue reading “The Corporate Transparency Act & Startups”
Category Archives: Uncategorized
CTA Beneficial Ownership Reporting Challenges in Community Property States
Inset: This post was co-authored by Joe Wallin, a partner in the Seattle, Washington office of Carney Badley Spellman and Jonathan Wilson with the FinCEN Report. Original post found here. The Corporate Transparency Act (CTA) took effect January 1, 2024. This new federal law will require non-exempt reporting companies to report personally identifiable information for each beneficial owner (each,Continue reading “CTA Beneficial Ownership Reporting Challenges in Community Property States”
Washington State House Bill 1155 – My Health My Data Act
By Amy Weston Washington State is on track to pass a far-reaching new piece of legislation in the upcoming weeks. The “My Health My Data” Act (House Bill 1155), if signed into law, will take effect starting on March 31, 2024. The title of the law implies that it will only apply to health careContinue reading “Washington State House Bill 1155 – My Health My Data Act”
Overbroad Nondisclosure, Confidentiality, and Nondisparagement Agreements Violate the National Labor Relations Act
By Lucinda Luke March 2023 A new case recently decided by the National Labor Relations Board held that “an employer violates Section 8(a)(1) of the [National Labor Relations] Act when it proffers a severance agreement with provisions that would restrict employees’ exercise of their NLRA rights.” McLaren Macomb, 372 NLRB No. 58, slip op. at 7Continue reading “Overbroad Nondisclosure, Confidentiality, and Nondisparagement Agreements Violate the National Labor Relations Act“
Amendments to Washington’s Equal Pay and Opportunity Act
by Lucinda J. Luke 12/28/22 Amendments to Washington’s Equal Pay and Opportunity Act (EPOA) go into effect January 1, 2023 (with no grace period) and require most employers who engage in business in Washington state to include pay ranges and benefits information in their job postings. The Washington Department of Labor and Industries has recentlyContinue reading “Amendments to Washington’s Equal Pay and Opportunity Act”
Time to Update Your Severance Agreements: New Washington State Law and National Labor Relations Board Decision Place Additional Requirements
Authored by: Joshua D. Brittingham March 2023 Severance agreements have traditionally included confidentiality clauses that allow employers to keep the terms of the agreement, including the amount paid, confidential. This is particularly true when an employee has asserted claims that are waived as part of the severance agreement. However, recent legislation in Washington, known as theContinue reading “Time to Update Your Severance Agreements: New Washington State Law and National Labor Relations Board Decision Place Additional Requirements“
5 Things You Should Know about the New Washington State Capital Gains Tax
Authored by: Lauren Fricke In 2021, the Washington State legislature enacted a new tax on the sale of long-term capital assets. In March 2022, the Douglas County Superior Court ruled the new tax is invalid because it violates the state constitution. That decision has been appealed to the Washington State Supreme Court, but while weContinue reading “5 Things You Should Know about the New Washington State Capital Gains Tax“
GDPR Update – Step 3: Time to Update your Standard Contractual Clauses!
Welcome back to the Carney Law Privacy team’s blog on all things privacy-related. This post follows up on the steps needed to update Standard Contractual Clauses. As you have likely heard, in response to the Schrems II decision invalidating the Privacy Shield and to reflect Europe’s General Data Protection Regulation (GDPR), on June 4, 2021, the European Commission released the updated Standard Contractual Clauses (SCCs). As a reminder, theContinue reading “GDPR Update – Step 3: Time to Update your Standard Contractual Clauses!”
Catching up on Privacy News!
Welcome back to Shhhh…(a Privacy Blog). Lots have happened in the privacy world in the past few months, and we thought we’d catch our readers up on the biggest headlines. Updated Standard Contractual Clauses The first part of Step 2 involves taking the country list from Step 1 and determining whether the European Commission hasContinue reading “Catching up on Privacy News!”
The GDPR Update – Step 2 for Updating Your SCCs
Readers of our first post, GDPR update in this series, have already worked through Step 1: Transfer Mapping. Part of that step was determining what countries you’re exporting data to. Now, we move onto step 2: Transfer Tools. Truth be told, Step 2 is really two parts. So, go grab your country list from your transfer mappingContinue reading “The GDPR Update – Step 2 for Updating Your SCCs”